What Will be the Amount of Gross Profit of a FIrm if its Average Inventory is ₹80,000, Inventory Turnover Ratio is 6 Times, and the Selling Price is 25% Above Cost? - Bzziii.com

What will be the amount of gross profit of a firm if its average inventory is ₹80,000, Inventory turnover ratio is 6 times, and the Selling price is
What will be the amount of gross profit of a firm if its average inventory is ₹80,000, Inventory turnover ratio is 6 times, and the Selling price is 25% above cost? 

(A) ₹1,20,000. 
(B) ₹1,60,000. 
(C) ₹2,00,000. 
(D) None of the above.




(A) ₹1,20,000. 







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